Detroit, MI Rental Market Trends
Highlights
The average rent for an apartment in Detroit is $1,069, a 1% increase compared to the previous year.
Average Rent in Detroit, MI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,069 | 1% | 801 sq. ft. |
The average size for a Detroit, MI apartment is 801 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Detroit, MI Apartment Rent Ranges
- < $5001%
- $501-$70025%
- $701-$1,00033%
- $1,001-$1,50023%
- $1,501-$2,00014%
- > $2,0004%
Detroit, MI Occupied Housing Units
- Renter-occupied Households45%
- Owner-occupied Households54%
119,539 or 45% of the households in Detroit, MI are renter-occupied while 140,844 or 54% are owner-occupied.
Detroit, MI Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Detroit, MI | $946 | $960 | $985 | $1,004 | $1,012 | $1,023 | $1,046 | $1,063 | $1,075 | $1,075 | $1,069 |
| National | $1,340 | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Detroit, MI By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Condon | $469 |
| Chadsey | $469 |
| Vernor - Junction | $541 |
| Tireman | $559 |
| Pershing | $597 |
| Mt. Olivet | $597 |
| Grant | $597 |
| Durfee | $604 |
| West Riverfront | $630 |
| Springwells | $630 |
| Winterhalter | $633 |
| Airport | $648 |
| Mackenzie | $664 |
| State Fair - Nolan | $670 |
| Brooks | $670 |
| Rouge | $677 |
| Cody | $677 |
| Brightmoor | $678 |
| Rosedale | $686 |
| Redford | $688 |
| Evergreen | $689 |
| Cerveny - Grandmont | $693 |
| Harmony Village | $701 |
| Greenfield | $712 |
| McNichols | $723 |
| Pembroke | $730 |
| Bagley | $730 |
| Highland Park | $749 |
| Palmer Park | $758 |
| Harper Woods | $897 |
| Upper East Central | $898 |
| Hamtramck | $898 |
| St. Jean | $1,034 |
| Foch | $1,038 |
| East Riverside | $1,038 |
| Rosa Parks | $1,049 |
| Jefferson - Mack | $1,060 |
| Chandler Park | $1,060 |
| Middle Woodward | $1,108 |
| Kettering | $1,136 |
| Butzel - Indian Village | $1,141 |
| Belle Isle | $1,141 |
| Middle East Central | $1,166 |
| Lower East Central | $1,174 |
| Lower Woodward | $1,225 |
| Jeffries | $1,289 |
| Downtown Detroit | $1,582 |
The most affordable neighborhoods in Detroit are Chadsey, where the average rent goes for $469/month, Condon, where renters pay $469/mo on average, and Vernor - Junction, where the average rent goes for $541/mo. If you’re looking for other great deals, check out the listings from Tireman ($559), Grant ($597), and Mt. Olivet ($597), where the asking prices are below the average Detroit rent of $1,069/mo.
The most expensive neighborhoods in Detroit are Lower Woodward ($1,225), Jeffries ($1,289) and Downtown Detroit ($1,582).
The most popular neighborhood in Detroit is Downtown Detroit, where there are 13 verified RENTCafé listings with an average rent of $1,582. Next up is Lower Woodward, where apartments go for $1,225/month, followed by Lower East Central with $1,174 If you’re looking to rent in Detroit’s most popular neighborhoods, make sure to also check out Cerveny - Grandmont, where renters pay $693 on average, and St. Jean, where the average monthly rent is $1,034.
Detroit | Rent Comparison by Neighborhood
Rent in Airport is 11% lower than in Bagley
Airport rent is 39% lower than Detroit average
| Average Rent | $648 |
|---|
Bagley rent is 32% lower than Detroit average
| Average Rent | $730 |
|---|
How Detroit Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Detroit | $1,069 | 1% |
| Grand Rapids | $1,082 | 5% |
| East Lansing | $1,294 | n/a |
| Lansing | $880 | 3% |
| Ann Arbor | $1,580 | 3% |
| Southfield | $1,093 | 6% |
| Farmington Hills | $1,170 | 4% |
| Sterling Heights | $928 | 2% |
| Warren | $835 | 4% |
| Westland | $885 | 5% |
| Madison Heights | $934 | 3% |
For more information about the Detroit rental trends, check out our monthly rent report
Check out Michigan Cities, Michigan Neighborhoods and Michigan Zip Codes for more details on verified listings, including the Michigan Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!